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It cannot be ignored that Narayan Murthy is the co-founder and has had a great stake in building the enterprise -- though the action of making the grievance public seems to have had a counterproductive effect.

Need of the hour is to keep the core of Infosys intact

Infosys approves Rs 13,000 crore share buyback plan after Sikka resigns

Vishal Sikka's resignation wipes off over Rs 22,500 crore from Infosys' market cap 

On August 17, Infosys share rose to as much as 5% after the company stated it will consider the share buyback proposal in its&nbsp;meeting to be held on August 19, 2017.&nbsp;

No change in share buyback plan after Sikka's resignation, Infosys says

Infosys said that Murthy's continuous assault, including this latest letter, is the primary reason that the CEO, Vishal Sikka, has resigned despite strong Board support.

Narayana Murthy vs Infosys: 'Statements made by Infosys board below my dignity'

Attacking Murthy, Infosys said that Murthy has demanded that the Board adopt certain changes in policy, else he will attack board members in the public, which threat was carried out when the Board did not acquiesce.&nbsp;

Infosys hits back at Narayana Murthy; says he is damaging the company 

&nbsp;Infosys has accepted the resignation of Dr Vishal Sikka as the Managing Director and Chief Executive Officer with immediate effect.

Vishal Sikka's three year stint at Infosys comes to an end; A snapshot of company's performance in this time 

Earlier today I resigned my position as MD &amp; CEO of Infosys. &nbsp;Here is the mail I sent to our employees.&nbsp;

MUST READ: Vishal Sikka's letter to Infosys employees

RESIGNATION EMAIL RECEIVED FROM THE VISHAL SIKKA, MD AND CEO BY THE BOARD OF DIRECTORS ON August 18, 2017.&nbsp;

Vishal Sikka resigns from Infosys: Full text of his letter to the Board

Narayana Murthy gets his way; Vishal Sikka resigns from Infosys

"My personal view is Narayana Murthy should come back as Chairman Emeritus," he told PTI in an interview, noting that the role is not a legal position nor has it something to do with strategy-related matters.

Bring back Narayana Murthy as Chairman Emeritus of Infy: Mohandas Pai

In the last quarter, or Q4FY17, Infosys' consolidated net profit grew by 0.2% to Rs 3,603 crore as compared to Rs 3,597 crore in Q4FY16.&nbsp;

After TCS, what will Infosys' Q1FY18 report card show?

Infosys Board members during its recently held 36th AGM in Bengaluru on Saturday spoke on range of issues right from automation, corporate governance, compensation packages&nbsp;to layoffs and hiring plans in India. Find out, what are 7 key things Infosys' board said in its recent annual general meeting.

Here are 7 key things Infosys' Board said at 36th AGM

Infosys CEO gets clean chit in Panaya and Skawa deal case

Infosys investors blast board over 'infighting' with founders

No proof of wrongdoing by company in Panaya deal, Infosys says

Sikka also believes that the Indian IT companies need to grab the opportunities provided by new technologies like artificial intelligence in a big way to retain its global leadership edge in this fast changing infotech environment.

Indian IT not H-1B dependent, says Infosys CEO

Infosys former immigration head Erin Green has&nbsp;filed a lawsuit against Infosys on June 19 before a US district court in the Eastern District of Texas alleging&nbsp;employee discrimination and retaliation by its senior management and seeking damages from the firm.

Former immigration head Erin Green files lawsuit against Infosys in US for employee discrimination  

After Infosys announced exit of its president and head- MRCL Sandeep Dadlani and appointments of global leaders last week, Edelweiss Securities is positive on its earnings growth as compared to its peers and has recommended 'Buy' rating on stock of Infosys at target price of Rs 1,173.&nbsp;

Edelweiss maintains 'Buy' rating on Infosys; suggests target price of Rs 1,173 

Infosys has announced key appointments on Friday. It has appointed&nbsp;former Wipro executive Inderpreet Sawhney as its group general counse. Besides, the company has appointed&nbsp;Karmesh Vaswani as the global head for retail, CPG and logistics (RCL) while Nitesh Banga as&nbsp;head for manufacturing.&nbsp;

Infosys appoints Inderpreet Sawhney from Wipro as group general counsel

vishal-sikka

Infosys had earlier classified its subsidiaries Kallidus &amp; Skava (together referred to as "Skava”) and Panaya as “Held for Sale”. 

Q3 Results: Infosys fails to sell Panaya, Skava assets - How Vishal Sikka's legacy gave sleepless nights to IT giant

For half year end of FY19, Infosys revenue stood at Rs 39,737 crore with growth of 14.7% YoY. While net profit was at Rs 7,721 crore increasing by  7.1% YoY. 

Vishal Sikka's Panaya deal dents Infosys profit in 1HFY19 by $39 mn; all details inside

Infosys posted 3.70% growth in net profit to Rs 3,612 crore in Q1FY19 compared to net profit of Rs 3,483 crore in the corresponding period of the same month.

This Vishal Sikka deal is a burden for Infosys; here's how 

Infosys also announced it has cleared pay hikes for its employees. The tech major said that it has rolled out salary hikes ranging from "mid-single digit to  high-single digit " for a majority of its employees. The salary hike would be effective from April onwards

What kind of pay hikes did Infosys employees get in April? Attrition soars

Infosys on Friday announced its March quarter results with the net profit coming in at Rs 3,690 crore, a 28.2  per cent  drop quarter-on-quarter. The IT major had reported a net profit of Rs 5,129 crore in the December quarter and Rs 3,603 crore in the same quarter last year. 

Now, Infosys looking to sell controversy-ridden Vishal Sikka-linked Panaya 

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Vishal Sikka News- Zee Business provides latest news on Vishal Sikka, Vishal Sikka news Today, Top News on Vishal Sikka, update on Vishal Sikka Stay updated with business news, breaking news headlines.

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Vishal Sikka

Need of the hour is to keep the core of Infosys intact

Infosys approves Rs 13,000 crore share buyback plan after Sikka resigns

Vishal Sikka's resignation wipes off over Rs 22,500 crore from Infosys' market cap

No change in share buyback plan after Sikka's resignation, Infosys says

Narayana Murthy vs Infosys: 'Statements made by Infosys board below my dignity'

Infosys hits back at Narayana Murthy; says he is damaging the company

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